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Nine-Unit Apartment Building
For Sale
$825,000

617 E Ridgecrest Blvd, Ridgecrest, CA 93555

Nine apartments with a mix of one- and two-bedroom layouts, select private outdoor areas, and ongoing interior updates.

Property Size6,730 SF
Price / SF$122.59
Days on Market8

Property Features for 617 E Ridgecrest Blvd

General Information

Standard status Active
Size 6,730 SF
Property subtype Residential Income

Units

Unit Mix 5 x 2BR, 4 x 1BR
Multifamily Units 9
Listing Agency: Elite Properties
Listed By: Mary Furnish · License #01988230
Source: Exprealty
Added: Jul 29 Changed: Aug 4 Last Checked: Aug 4 at 7:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elite Properties

Investment Insights

Based on property information with market context.

This 6,730-square-foot apartment building contains nine units: five two-bedroom apartments and four one-bedroom apartments. Several residences include balconies or small fenced backyard areas. The property is undergoing revitalization, with completed updates in select units that include luxury vinyl plank flooring, quartz countertops, and upgraded fixtures. Other apartments were improved within the past decade, while additional units remain in the revitalization program.

The property is located 3.5 miles from NAVAIR China Lake and 5 miles from Cerro Coso Community College. Schools, shopping, dining, and daily conveniences are also described as nearby, adding practical context for residential occupancy.

Key Highlights

  • Nine‑unit apartment building totaling 6,730 SF
  • Unit mix includes five 2‑bedroom and four 1‑bedroom apartments
  • Select units offer balconies or small fenced backyard areas

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Real Estate Agency Accounting Firm Garden Center Pharmacy Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

158
Businesses Nearby

Demographics for 93555, CA

32,810
Population
14,401
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
91%
High-School Grad
78.1 sq mi
ZIP Area
420
Density / Sq Mi
$84,141
Median Household Income
$50,198
Median Earnings
$1,180
Median Rent
$235,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Nine apartments with a mix of one- and two-bedroom layouts, select private outdoor areas, and ongoing interior updates.
Where is this apartment building located?
The property is located at 617 E Ridgecrest Blvd Ridgecrest, CA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Nine‑unit apartment building totaling 6,730 SF; Unit mix includes five 2‑bedroom and four 1‑bedroom apartments; Select units offer balconies or small fenced backyard areas
More about this property
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